- Ripple’s XRP price is trading in positive territory, with gains of some 0.20% on Monday.
- XRP/USD remains capped to the upside by $0.2500, which has been observed for over three weeks.
- The price has managed to open above a top of a three-week range at $0.2400, via the weekly.
XRP/USD weekly chart
The price has been grinding higher for some five weeks, as the price looks set for a critical close above a three-week range area. Bulls closing in on another convincing attempt at breaking down $0.2500.
XRP/USD daily chart
Price action via the daily is running towards its third consecutive session in the green. A breakout and above $0.2500, should open the door for a $0.3000 return.
Spot rate: 0.2505
Relative change: -0.21%
High: 0.2598
Low: 0.2471